Market Overview
Home Prices in Leola, AR
The median home value in Leola, AR is $138,907 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.9% compared to a year ago and down 11.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Leola are priced66% below average. Leola is part of the Little Rock-North Little Rock-Conway, AR metro area.
Over the past five years, Leola home values have fallen by approximately11.4%, reflecting softening conditions in this market.
Price History
Leola Home Price Trend
City Comparison
Leola vs. National Median
At $138,907, homes in Leola cost 66% below the national median of $410,000. This makes Leola a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Leola?
20% Down Payment
$27,781
on $138,907
Monthly P&I
$724/mo
30-yr @ 6.8%
Total Monthly Est.
~$919/mo
incl. taxes & insurance
Income Needed
$36,760
gross annual (30% rule)
10% Down Option
$13,891
+ PMI applies
Loan Amount (20% dn)
$111,126
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Leola, AR?
The median home value in Leola is $138,907 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.9% year-over-year.
How much have home prices changed in Leola?
Over the past year, home values in Leola have decreased by 0.9%. Over five years, prices have fallen approximately 11.4%.
How much do I need to earn to buy a home in Leola?
To comfortably afford the median home price of $138,907 with a 20% down payment ($27,781) at today's rates (6.8%), you'd need a gross annual income of approximately $36,760. This assumes keeping total housing costs at or below 30% of gross income.
How does Leola compare to the national average home price?
The national median home value is approximately $410,000. At $138,907, homes in Leola are 66% below the national average.
What metro area is Leola part of?
Leola is part of the Little Rock-North Little Rock-Conway, AR metropolitan area. Home prices and market conditions can vary across the broader metro region.